Unfair Student Loan Collection Practices

 

When you default on a student loan, you may be subject to a wide range of collection tactics -- from phone calls and letters to the loss of your tax refund or some of your wages. Know what's legal and what's not.

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If you fall behind on your student loan repayments, eventually you will probably hear from a collection agency. Both private lenders and the federal government hire private collection agencies to try to get borrowers to pay back what they owe.

Collection agencies must follow laws that restrict their debt collection processes, and if they violate those laws, you can assert your rights.

For more information about your rights, select your state below.


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Jurisdictional relevance: ST

There are versions of this article for each State.

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